Not so good

Review On Bhartiya City, Bangalore

Concern - BHARTIYA metropolis - NIKOO homes - Bangalore - Malpractice i've booked one flat in Bhartiya metropolis mission in Bangalore. I've given 2.Five Lakh cash for booking and they're asking me to present 25% of total sale price earlier without processing my SA. They do now not want any banks involvement on this transaction. Here my problem is, if I deliver 25% without mortgage quantity then I cannot ask bank for 80% loan amount+ throughout possession there might be some miscellaneous expenses which couldn't be accommodated in mortgage amount. And furthermore they may be not processing SA on the time of filing 25% of general sale price. They say it takes 7-10 days for processing SA. Here my query is - Why they do no longer need to contain banks for this transaction to begin with. Without processing SA, why should I provide 25% of amount? Assume if I am no longer getting proper file at the same time as paying 25% amount and my bank is ready with my sanctioned mortgage so in case of cancellation why am I chargeable for cancellation charges as Bhartiya isn't always capable of provide me the necessary files. If they are getting their money then why are they who is paying what quantity, if bank is ready to provide assist with some amount. Bhartiya is getting their cash so what is the trouble? The message which we are becoming is, they do not want to be obvious with government regarding this transaction otherwise they could have time-honored this deal if they get their money no matter thinking whether financial institution is involved or now not. They are not prepared for submit dated cheque also for a few portion of 25% quantity if bank is helping with my pre-permitted mortgage quantity. Shall I project this in patron courtroom, as I cannot tolerate this incorrect exercise, and do not need others to fall in this lure. I strongly sense that there's some thing wrong on this DEAL, in which no banks involvement is occurring during 25% of amount submission. If they are getting money then what's there hassle if Banks is supporting us in paying a few amount of 25% amount, as it is accepted with the aid of government additionally. Why they cannot take deviation in preference to forcing client to cancel the deal and deducting 1% of quantity of overall Sale fee in order to be round 50 k. Please assist i'm worried as my mortgage is already sanctioned and i've arranged everything but due to their mysterious behaviour I want to go for cancellation and need to let others understand about this malpractice which they're doing. Seeing that starting they have faulty and they say that during application shape it is written truely that you have to pay 25% but it is not mentioned there that they may not offer any criminal report at the time of payment. It's far like their WIN and customer’s Loss scenario. Financial institution has additionally certainly recommended that their beyond record is bad so do no longer pass with out documentation. They are in full mood to hide their preliminary transactions(25%) in their ledger books at the price of customers money. Furthermore, customers haven't any safety if they may be not giving fundamental documentations on time. Just thinking what is going to take place with 2500 apartments which are going to come.Critically horrible revel in.

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